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S. 2562

BillFederalSenateFloor Consideration
Bring Jobs Home Act
About This Bill
Introduced
Latest Action · July 7, 2014
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 451.
Congress
113th (2013–2015)
Introduced
June 26, 2014
Cosponsors (21)
21D 0R
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Summary

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Bring Jobs Home Act - Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and  relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.

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